Matador Resources Co (Matador Resources) is an energy company that explores, develops, and produces crude oil and natural gas resources. It offers new oil and natural gas prospects for exploring and developing hydrocarbons. The company carries out exploration, production and acquisition of programs through oil and natural gas shale and other unconventional plays. Matador Resources also provides natural gas processing, oil and produced water gathering services, oil transportation services, and produced water disposal services to third parties. It operates in Eagle Ford Shale in South Texas, Haynesville Shale and Cotton Valley plays in Northwest Louisiana, and Wolfcamp and Bone Spring play in the Delaware Basin in Southeast New Mexico and West Texas. Matador Resources is headquartered in Dallas, Texas, the US.
Headquarters
United States of America
Address
Ste. 1500, 5400 Lbj Freeway, Dallas, Texas, 75240
Website
www.matadorresources.com
Telephone
1 972 3715200
No of Employees
395
Industry
Energy and Utilities
Ticker Symbol & Exchange
MTDR (NYSE)
Revenue (2022)
$2.8B
-8.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-30.3%
(2022 vs 2021)
Market Cap*
$8.6B
Net Profit Margin (2022)
XYZ
-24.1%
(2022 vs 2021)
* As of and is in US$
Matador Resources Co premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Crude Oil | Exploration, Development of Oil and Natural Gas Resources |
| Natural Gas |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In April, the company through a subsidiary acquired Advance Energy Partners Holdings, LLC. |
| 2023 | Contracts/Agreements | In January, the company through a subsidiary entered into an agreement to acquire certain oil and natural gas producing properties and undeveloped acreage located in Lea County, New Mexico and Ward County, Texas, the US. |
| 2022 | Acquisitions/Mergers/Takeovers | In June, the company acquired the US-based Summit Midstream Permian from Summit Midstream. |
Competitor Comparison
| Key Parameters | Matador Resources Co | Par Pacific Holdings Inc | Coterra Energy Inc | Comstock Resources Inc | HighPoint Resources Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Dallas | Houston | Houston | Frisco | Denver |
| State/Province | Texas | Texas | Texas | Texas | Colorado |
| No. of Employees | 395 | 1,814 | 894 | 251 | 124 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Joseph Wm. Foran | Chief Executive Officer; Joint Secretary; Chairman | Executive Board | 2022 | 70 |
| Brian J. Wiley | President - Midstream Operations; Chief Financial Officer; Executive Vice President | Senior Management | 2023 | 46 |
| Robert T. Macalik | Executive Vice President; Chief Accounting Officer | Senior Management | 2015 | 44 |
| Bryan A. Erman | General Counsel; Head - M&A; Executive Vice President | Senior Management | 2022 | 45 |
| Christopher P. Calvert | Co-Chief Operating Officer; Senior Vice President - Operations | Senior Management | 2022 | 44 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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